Upcoming Foreclosures

HUD Homes/Foreclosures -- pennies on the dollar??

Does HUD really have foreclosed homes or other properties that can be bought for pennies on the dollar? Do they have a website that lists them??

Public Comments

1. Try www.ushud.com .
2. These properties are listed, however the lists are extremely hard to come by. Many people operate subscription websites that have access to these foreclosure lists. The other way would be to actually attend a tax/foreclosure auction where you would receive tax certificates of homes and make offers to pay existing tax and/or loan balances in exchange for the property. This is what Carlton Sheet's infomercial/program is all about.
3. Hi there, you might find this site useful, there you can find a lot of information on foreclosure. Good luck! http://www.shortsalecomplete.com/?utm_source=blog&utm_medium=blog&utm_campaign=shortsalecomplete
4. Perhaps not pennies on the dollar, but at a big savings, yes. http://www.buyforecIosure.com has a bunch, it'll give you a good idea of how much you can look at saving. The idea of buying a home for $1,500 sounds like a myth to me, unless only one person showed up to bid at the auction.